Oil and Gas Severance Tax Bill Fails to Reach House Floor

Pennsylvania House Bill No. 1401, which would create a severance tax and significantly change oil and gas royalty payments, recently failed to pass an important legislative hurdle. The bill imposes a 3.2% severance tax, or drilling tax, on unconventio(…)

Deduction of Post-Production Expenses from Royalty Payments in Ohio

A federal court recently addressed two contentious issues affecting calculation of royalty payments from production of shale gas in Ohio: (1) whether operators may deduct post-production expenses (costs for gathering, compression, treatment, processin(…)